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REQUIRED Study the information provided below and answer the following questions. 1.1 Were there any additions to or disposals of property, plant and equipment

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REQUIRED Study the information provided below and answer the following questions. 1.1 Were there any additions to or disposals of property, plant and equipment during the financial year ended 31 December 2022? Motivate your answer. (3 marks) 1.2 Comment on the decrease in retained earnings. (3 marks) 1.3 Comment on FIVE (5) other significant changes that occurred in the company's financial position during 2022. (10 marks) 1.4 Apart from the Statement of Financial Position and ratio analysis, what other financial information should be considered when commenting on the financial health of the company? (4 marks) INFORMATION AMC Limited Statement of Financial Position as at 31 December: 2022 2021 R R ASSETS Non-current assets ? ? Property, plant and equipment (Cost) ? ? Accumulated depreciation (2 000 000) Carrying value ? Investments Current assets Inventories 10 000 000 7 000 000 400 000 (1 400 000) ? 12 000 000 4 890 000 100 000

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